Instana

Instana's software is intended particularly for use in monitoring and managing the performance of software used in microservice architectures,^[7] and permits 3D visualisation of performance^[8] through graphs generated using machine learning algorithms, with notifications regarding performance also generated automatically.^[9] Instana's Application Performance Monitoring (APM) tool of the same name is especially purposed for monitoring software used in so-called "container orchestration" (a modular method of providing a software service).^[10]

The firm was founded in April 2015^[9] by Mirko Novakovic, Pete Abrams, Fabian Lange, and Pavlo Baron^[5] as a spin-off of Codecentric (which was founded in 2005).^[2]

By December 2017, it had received a total of $26 million from investors,^[11] and by October 2018, this had risen to a total of $57 million.^[12] However this investment came primarily from outside Germany.^[13] $20 million of this funding was raised in the series B round led by Accel Partners^[14] whilst $30 million of this total was raised in the series C round led by Meritech Capital Partners.^[6][1][4] In February 2019 the company employed more than 100 employees in different sites around Solingen,^[15] including in the suburb of Ohligs.^[16]

In November 2020, IBM, as part of continuing investments in big data and AIs, announced an agreement to acquire Instana.^[17]